This Tender Offer Statement on Schedule TO (Schedule TO) is being filed by
Johnson Controls International plc, an Irish public company limited by shares (the Company), pursuant to Rule 13e4 under the Securities Exchange Act of 1934, as amended (the Exchange Act), in connection with the
Companys offer to purchase for cash up to an aggregate purchase price of $4,000,000,000 of its ordinary shares, par value $0.01 per share (the Shares), at a per Share price not greater than $40.00 and not less than $36.00, to the
tendering stockholder in cash, less any applicable withholding taxes and without interest, upon the terms and subject to the conditions described in the Offer to Purchase, dated May 3, 2019 (the Offer to Purchase), a copy of which
is filed herewith as Exhibit (a)(1)(A), and in the related Letter of Transmittal, a copy of which is filed herewith as Exhibit (a)(1)(B) (which together, as they may be amended or supplemented from time to time, constitute the Offer).
This Schedule TO is being filed in accordance with Rule 13e4(c)(2) under the Exchange Act.
All information in the Offer to Purchase
and the related Letter of Transmittal is hereby expressly incorporated by reference in answer to all items in this Schedule TO, and as more particularly set forth below.
ITEM 1. Summary Term Sheet.
The information set forth in the section of the Offer to Purchase titled Summary Term Sheet is incorporated herein by reference.
ITEM 2. Subject Company Information.
(a) The name of the issuer is Johnson Controls International plc. The address of the Companys principal executive offices is One Albert
Quay, Cork, Ireland. The Companys telephone number is 353 (21)
423-5000.
(b) This Schedule
TO relates to the Shares of the Company, which are listed and traded on The New York Stock Exchange (NYSE) under the symbol JCI. As of April 30, 2019, we had 898,226,383 issued and outstanding Shares (and 24,098,725
Shares reserved for issuance upon exercise of stock options (Stock Options) and vesting of restricted stock units (RSUs) and performance-based share unit awards (PSUs) (assuming PSUs vest at the specified target
performance threshold)). The information set forth in the section of the Offer to Purchase titled Introduction is incorporated herein by reference.
(c) The information set forth in Section 8 (Price Range of Shares; Dividends; Distributable Reserves) of the Offer to
Purchase is incorporated herein by reference.
ITEM 3. Identity and Background of Filing Person.
(a) Johnson Controls International plc is the filing person and issuer. The information set forth in Item 2(a) is incorporated herein by
reference. The information set forth in Section 11 (Interests of Directors, Executive Officers and Affiliates; Recent Securities Transactions; Transactions and Arrangements Concerning the Shares) of the Offer to Purchase is
incorporated herein by reference.
ITEM 4. Terms of the Transaction.
(a)(1)(i) The information set forth in the section of the Offer to Purchase titled Summary Term Sheet and Introduction,
and in Section 1 (Aggregate Purchase Price for Shares; Priority of Purchase; Proration) of the Offer to Purchase is incorporated herein by reference.
(a)(1)(ii) The information set forth in the section of the Offer to Purchase titled Summary Term Sheet and
Introduction, and in Section 1 (Aggregate Purchase Price for Shares; Priority of Purchase; Proration), Section 5 (Purchase of Shares and Payment of Purchase Price; Redemption) and Section 9
(Source and Amount of Funds) of the Offer to Purchase is incorporated herein by reference.